Suraj Estate Developers Acquires Land Parcel in Shivaji Park, Dadar (West), Mumbai.

Suraj Estate Developers Limited (SEDL) has acquired a 390-square-meter (~4,200 sq ft) land parcel at Shivaji Park, Dadar (West), Mumbai, for ₹4.75 crore. The full payment, including stamp duty and registration charges, has been completed.

The company plans to develop a luxury residential project utilizing FSI benefits under Regulation 33(7) of DCPR 2034, with potential for a clubbing scheme. The project is expected to have a saleable RERA carpet area of ~0.16 lakh sq ft and an estimated gross development value (GDV) of ₹80 crore.

Strategically located near the upcoming Siddhivinayak Metro Station, the development will feature 2 BHK and 3 BHK apartments with spacious layouts, catering to the growing demand for premium housing in the area.

“This strategic acquisition aligns with our vision to create exceptional luxury living spaces in prime locations,” said Rahul Thomas, Promoter and Whole-Time Director of SEDL. “We are confident that this project will meet the evolving needs of discerning buyers and contribute to the growth of the Shivaji Park area.”

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